History
1981
The Oregon Law Foundation was created by the Oregon State Bar to fund law-related charities.
1983
Oregon’s lawyers created a voluntary Interest on Lawyers Trust Accounts (IOLTA) program. IOLTA programs began in Australia and Canada in the early 70’s. The concept was simple: the Foundation asked members of the Bar to convert their non-interest bearing, pooled client trust accounts into interest-bearing accounts, with the interest benefiting the Foundation.
1988
The OLF, the Oregon State Bar, and the Oregon Supreme Court worked together to transform the voluntary IOLTA program into a mandatory one. In November 1988, Oregon lawyers voted 2-1 for mandatory IOLTA, and Oregon’s mandatory IOLTA program began May 1, 1989.
2005
Oregon Banks worked with the OLF to create the Leadership Bank program (now Leadership Banks & Credit Unions) to highlight the generosity of banks that voluntarily pay above-market interest rates on IOLTA.
Staff
- Bill Penn
- Executive Director
- Brooke Thacher
- Grants Strategist
- Laura Greer
- Administrative Assistant
Board
- The Hon. Chanpone Sinlapasai
- President
Multnomah Co. Circuit Court
Portland, Oregon - The Hon. Rima Ghandour
- President-elect
Multnomah Co. Circuit Court
Portland, Oregon - Elise Bouneff
- Secretary
Heritage Bank
Portland, Oregon - Kristen Connor
- Treasurer
Heritage Bank
Portland, Oregon - Valerie Colas
- Oregon Judicial Department
- Salem, Oregon
- Randy Compton
- Pioneer Trust Bank
Salem, Oregon - Brent Hall
- Hall Law, PLLC
Walla Walla, Washington
- David Rosen
- High Desert Law, LLC
- Bend, OR
- Laura Shipley
- Bank of America
- Portland, Oregon
- Diane Sykes
- Diane Sykes, Attorney at Law PC
- Portland, Oregon
- Justin Thorp
- Sherman Sherman Johnnie & Hoyt LLP
Salem, Oregon - The Hon. Debra Velure
- Lane Co. Circuit Court
Eugene, Oregon
- OSB Board of Governors Liaison:
- John Marandas
Contact
Oregon Law Foundation16037 SW Upper Boones Ferry Rd.
PO Box 231935
Tigard, OR 97281-1935 2018 503-431-6373
[email protected]
Documents
2021
- 2021 Annual Report (pdf)
- 2021 990 Tax Return (pdf)
- 2021 Audited Financial Statements (pdf)
2020
- 2020 Annual Report (pdf)
- 2020 990 Tax Return (pdf)
- 2020 Audited Financial Statements (pdf)
2019
- 2019 990 Tax Return (pdf)
- 2019 Audited Financial Statements (pdf)
2018
- 2018 Annual Report (pdf)
- 2018 990 Tax Return (pdf)
- 2018 Audited Financial Statements (pdf)
2017
- 2017 Annual Report (pdf)
- 2017 990 Tax Return (pdf)
- 2017 Audited Financial Statements (pdf)
2016
- 2016 990 Tax Return (pdf)
- 2016 Audited Financial Statements (pdf)